• Sat. Nov 23rd, 2024

Hope Lend DeFi Platform Loses 526 ETH in Hack [TheDefiant]

[TheDefiant] Decentralized finance (DeFi) platform, Hope Lend, suffered an exploit leading to a loss of 526 ETH. Crypto analyst Spreek identified the breach and said it may be "related to…

Ethereum restaking: Blockchain innovation or dangerous house of cards?

“Restaking” involves reusing staked Ether to earn fees and rewards. The restaked tokens can then help secure and validate other protocols. But many fear restaking could disrupt Ethereum’s chain itself.…

EtherFi s Liquid Staking Token Live On Goerli Ahead Of Mainnet Launch [TheDefiant]

[TheDefiant] eETH, the highly-anticipated liquid staking token from EtherFi, is now live on Ethereum’s Goerli testnet ahead of its Nov. 6 mainnet launch. Liquid staking tokens (LSTs) allow holders to…

Scroll TVL Triples In A Day As Layer 2 Ramps Up Marketing [TheDefiant]

[TheDefiant] Activity on Scroll, the long-awaited Ethereum Layer 2, is picking up after a sluggish first week. Scroll discretely executed its mainnet launch on Oct. 10, with users depositing just…

There is No Mention of Crypto in Marc Andreessen s Techno-Optimist Essay [TheDefiant]

[TheDefiant] Marc Andreessen's "The Techno-Optimist Manifesto" doesn't mention crypto or any directly-related term. Not even once. Andreessen Horowitz's co-founder published "The Techno-Optimist Manifesto" on Monday, where he laid out his…

Reddit To Discontinue Community Points Within Weeks [TheDefiant]

[TheDefiant] Reddit will be phasing out its use of crypto-based Community Points by early November. The decision to discontinue the rewards system no doubt comes as a shock to many…

Unlocking Trillions of Dollars with RWAs (Real World Assets) [TheDefiant]

[TheDefiant] Lucas Vogelsang is the founder of Centrifuge, a credit platform that brings Real World Assets onchain. Real World Assets (RWAs) have been a growing sector in DeFi over the…

dYdX Trading is Converting to Public Benefit Corporation [TheDefiant]

[TheDefiant] dYdX Trading Inc. announced it has transitioned into a Public Benefit Corporation (PBC). As part of the company's new charter, it won't generate trading fee revenue from dYdX v4.…

Fantom Foundation Wallets Hacked and Drained in Exploit [TheDefiant]

[TheDefiant] The Fantom Foundation, the organization behind the Fantom blockchain, has been hit by a malicious attack to a number of its crypto wallets. Attackers drained funds from Fantom Foundation's…

A New Era In Crypto [TheDefiant]

[TheDefiant] KYC and DeFi: an unsettling pairing that sends shivers down the spines of many in the world of crypto. And yet, last week it was seen on uniswaphooks.com. The…

Cointelegraph Publishes Post-Mortem After Inaccurate Tweet Sends BTC Flying [TheDefiant]

[TheDefiant] Prospective Bitcoin spot ETFs are again dominating the headlines, with a tweet from Cointelegraph falsely claiming U.S. regulators had approved BlackRock's proposed ETF triggering violent volatility in the markets.…

Blur Season 2 To End In November [TheDefiant]

[TheDefiant] Blur, the leading NFT marketplace by volume, is set to end its Season 2 airdrop campaign on November 20, nine months after launching the open-ended program. Blur incentivizes bidding,…

Uniswap To Charge 0.15% Swap Fee On Website and Wallet [TheDefiant]

[TheDefiant] Uniswap, the largest decentralized exchange by trade volume, announced it will start charging a swap fee for a select group of tokens on its web app and wallet. Starting…

Lido Exits Solana Following Community Vote [TheDefiant]

[TheDefiant] Lido, the largest Ethereum staking network, decided to exit the Solana blockchain as revenue that was expected to come in from the operation didn't offset its development and marketing…

Scroll Suffers From Weak Adoption One Week After Mainnet Launch [TheDefiant]

[TheDefiant] Scroll, the long-awaited Ethereum Layer 2, is suffering from poor adoption roughly one week after discretely executing its mainnet launch. According to data from Dune Analytics, 720 unique wallets…